Int’l. Platinum
Shareholders of International Platinum (TSE) recently approved a private placement in the amount of $380,625, the funds to be used for working capital and continued assessment of three platinum proper…
News
Metal prices are stronger
Metal prices improved in June but the all-items commodity price index of Scotiabank dropped slightly. Oil and gas and agricultural prices also rose, but were offset by a decline in the forest product …
LETTERS TO THE EDITOR — New light on Sudbury-type rocks
Sudbury-type (nickel-cobalt) mineralization associated with extensive albitization in Mackelcan Twp., northeast of Sudbury, Ont., was reported by Flag Resources (T.N.M., June 15/92). Noted was the enr…
Spot prices at a glance (August 03, 1992)
Week’s Price (US) Change Gold* $358.20 + $1.10 Silver* $ 3.94 – $0.02 Platinum* $374.00 – $3.90 Nickel** $ 3.37 – $0.05 Lead** $ 0.29 – $0.01 Copper $ 1.14 – $0.03 Zinc $ 0.61 – $0.01 Courtesy of Scot…
Zinc price boosts Brunswick profit
Record production and higher zinc prices provided the impetus for earnings of $11.5 million (29 cents per share) in the second quarter for Brunswick Mining and Smelting (TSE). The net income represent…
Azco drilling provides encouragement
A recent hole drilled by Azco Mining (VSE) on the Piedras Verdes copper project returned 440 ft. grading 0.71% copper from 0-444 ft., the best result encountered so far in the current drilling program…
LETTERS TO THE EDITOR — Mining vital to B.C.’s economy
The Round Table on the Economy has recognized that the resource sector will continue to be British Columbia’s underlying strength. Mining alone employs about 14,400 people directly in the province, wi…
Underground tour of Hollinger mine
Individuals concerned about the impact of mining on the environment are invited to visit the Hollinger gold mine at Timmins, Ont. The underground tour, available daily during the summer till September…
Flag seeks possible partner for Wanapitei deep drilling
Calgary-based Flag Resources (ASE) says it is discussing a potential joint venture with a company interested in drilling a 5,000-ft. vertical hole on the western magnetic peak of the Wanapitei anomaly…
Western, Thermal complete trenching
Partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) are encouraged by trenching results from zone 12 on the Williams Creek property northwest of Car-macks, Yukon. Five trenches, space…
Geddes offering
Hoping to raise up to $2 million through a rights offering is Geddes Resources (TSE). Shareholders of record on Aug. 6 may purchase an additional common share at 55 cents per share for each eight shar…
Glencairn, Kinbauri revise agreement
Under a revised agreement between Glencairn Explorations (TSE) and Kinbauri Gold (ASE), Glencairn can earn a 100% interest in the Alfie Creek kimberlite property near Kirkland Lake, Ont., by spending …